$130,382
🔥 Mortgage Takeover Opportunity in Detroit, MI | Turnkey Duplex – $2,600 Potential Monthly Rent!
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Why Buy?
Interest Rate
6.75%
Potential Rent
$2,600
Terms
No Balloon
The Numbers
Asking Price
$130,382
Total Entry
$16,750
What you'll pay at closing
Your own closing coordinator: title chased for you, every document in one place, updates until the keys are yours. Paid at closing and part of your entry, nothing up front.
EMD
$1,000
Down Payment
$8,000
Interest Rate
0%
Long-Term Rent
$2,600
Map
Subject Property
Comps
Deal summary
Mortgage Takeover Multi-Family in detroit, MI 48204 – $130,382
6 bed · 2 bath · 2462 sqft · built 1916 · Wayne County
Take advantage of this turnkey duplex offering a low $15K total entry. This vacant 6-bedroom, 2-bathroom property features 2,462 sqft of living space and offers a potential rental income of $2,600/month against a $1,352.47 monthly PITI. Enjoy a 6.75% interest rate with NO balloon payment and NO HOA, making this an attractive investment opportunity with strong cash flow potential!